Operations Officer M/F

CACEIS is the asset servicing banking group of Credit Agricole dedicated to asset managers and institutional investors. Through offices across Europe, North and South America and Asia, CACES offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. CACEIS is a consolidator in the European asset servicing market and posts sustained growth in its business activities. The group holds €5.3 trillion in assets under custody and €3.4 trillion in assets under administration (figures as of 31 December 2024) By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to people with disabilities.

Position Summary
The MKS Operations Officer supports the day-to-day activities of the Market Solutions Operations team. The team operates under a transversal model covering four core activities:

• OTC derivatives processing
• Listed derivatives clearing
• Liquidity management
• Foreign exchange operations

Key Responsibilities

• Receive, process and control OTC derivative transactions across a broad range of products, ensuring accurate booking (automatic or manual), timely matching and confirmation, lifecycle monitoring and reconciliation.
• Investigate and resolve breaks, discrepancies and settlement issues, coordinating with clients, portfolio managers, counterparties and internal teams to ensure proper execution and settlement.
• Process and monitor listed derivatives (futures and options) from trade capture to clearing, ensuring accurate recording, timely trade matching and adherence to market cut-off times.
• Perform position and cash reconciliations, monitor lifecycle events (expiries, exercises, assignments) and resolve rejected, missing or unmatched transactions in coordination with markets, clearing brokers and clearing houses.
• Perform daily securities and cash leveling for assigned accounts, reviewing projected and actual cash positions to identify funding needs, surpluses and potential shortfalls.
• Validate cash movements, reconcile cash balances and investigate discrepancies, completing required controls and validations to ensure accurate daily liquidity management.
• Escalate potential liquidity issues, unusual balances or operational risks in a timely manner.
• Process, validate and monitor foreign exchange transactions in line with client instructions and procedures (currencies, amounts, value dates, counterparties, settlement instructions).
• Ensure proper transmission, integration and settlement of FX transactions, following up on unmatched or rejected trades and coordinating with counterparties, custodians and internal teams to resolve issues.

The successful candidate will process, monitor, reconcile and control financial transactions while ensuring compliance with operational procedures, client instructions and market cut-off times. The officer will collaborate closely with Traders, counterparties, clearing brokers, custodians and internal departments to ensure the accurate and timely completion of operations.

As part of the team’s cross-training model, the officer will progressively develop the knowledge and autonomy required to provide coverage across multiple MKS activities.

• Experience in investment operations, derivatives, clearing, custody, fund administration or another financial-services environment is an asset.
• Knowledge of OTC derivatives, listed derivatives, foreign exchange, settlements, reconciliations or cash management is an asset.
• Understanding of the trade lifecycle and the operational risks associated with financial transactions.

• Ability to manage several priorities and work effectively under strict deadlines.
• Ability to investigate issues independently and escalate them appropriately.
• Strong written and verbal communication skills.
• Ability to work collaboratively while progressively developing autonomy across multiple activities.
• Operational discipline and risk awareness
  Accuracy and attention to detail
  Accountability and ownership
  Analytical thinking and problem-solving
  Initiative and continuous improvement
  Ability to work effectively within market-driven deadlines
• Fluency in English is required; proficiency in French is an asset.

• Proficiency with Microsoft Excel; knowledge of VBA, Access, SQL or financial operating systems is an asset.